What is the Best wait to invest in natural gas without gas futures?
- Thread starter john7722
- Start date
,,Investopedia''
Reality :
The ,,best way'' would be hand-picking companies from this sector :
(Something that would last longer than limited time future contracts)
https://finviz.com/screener.ashx?v=111&f=ind_oilgasequipmentservices&o=-marketcap
You asked about correlation, - yes it does matter, yet, the only one that matters in the long run, is the one between your skill level and the quality of those picks.
Reality :
The ,,best way'' would be hand-picking companies from this sector :
(Something that would last longer than limited time future contracts)
https://finviz.com/screener.ashx?v=111&f=ind_oilgasequipmentservices&o=-marketcap
You asked about correlation, - yes it does matter, yet, the only one that matters in the long run, is the one between your skill level and the quality of those picks.
Attachments
Natural gas without gas futures?
Then it will be Natural futures or
Natural oil futures.
you thnak
If not UNG, then BOIL which is a leveraged ETF. The inverse is KOLD.
You can trade options on UNG or BOIL as well.
You can trade options on UNG or BOIL as well.
Only way is NG, UNG (1.5 months ahead) and BOIL (2.5 months ahead).
Otherwise you have to trade producers (AR, RRC, etc.)...
I've been underwater in BOIL since December, but it seems dumb to liquidate positions when BOIL is so close to zero, so I hold on. BOIL could be in a saucer formation and KOLD could be due for double-top indicator divergence, so I'm foreseeing a rally about April. In the meantime I'm selling KOLD puts and cheap BOIL puts.
interesting. I am not an option spreads guy. Can you elaborate on 'diagonals'?